Daily Update: June 22, 2022

Start each business day with our analyzes of the most pressing developments affecting markets today, along with a curated selection of our latest and most important news on the global economy. Global banks face divergent results Global…

Putin will lose his war

Russian President Vladimir Putin could hardly have used his speech on May 9, Victory Day, the annual holiday marking the Nazis' surrender to the Soviets, to declare victory in his military campaign against Ukraine. Nor did he take the…

A rain of dollars on Ukraine

Huge funds have flowed into Ukraine since the war began on February 24, 2022. But President Zelensky wants more. What is all this money for and who controls its use? The US Senate is expected to vote this Wednesday, May 18 an extension…